5529 Rumah Lelong Apartment / Condo · Bank Auction Properties
Explore bank auction apartments and condos in Kuala Lumpur and Selangor, where the urban pulse meets suburban convenience. This is a prime region for investors, first-home buyers, and upgraders, offering everything from high-rise city pads to sprawling condo communities. Bank auction properties often start with reserve prices 10-40% below market value, and units that have been passed in or relisted can be even cheaper, a smart way to unlock serious savings. The process is straightforward: register your interest, pay the 10% deposit, and bid on auction day. With a wide selection available, you can find a great deal without the usual market competition. Contact Peter Tan for auction dates, reserve prices, and guidance on the bidding process.
Residensi Ampang Kiri
No. 42-2, Residensi Ampang Kiri, Jalan Ampang Kiri, 55000 Kuala Lumpur
Residensi Vivo
No. A-33A-03, Residensi Vivo, 9 Seputeh, No. 20, Jalan Telok Datok, Off Jalan Kelang Lama, 58000 Kuala Lumpur
Surian Condominium
No. D-06-06, Block D, Surian Condominium, Jalan PJU 7/12B, Mutiara Damansara, 47800 Petaling Jaya, Selangor
Quill Residences
No. 9-12, Quill Residences, No. 1018, Jalan Sultan Ismail, 50250 Kuala Lumpur
Bayu Tower
No. BT-1-07, Bayu Tower, Saujana Residency, Jalan SS 16/1, 47500 Subang Jaya, Selangor
Bangsar Puteri
No. 47-4-8, Bangsar Puteri, No. 41, Jalan Medan Serai, Bukit Bandaraya, 59100 Kuala Lumpur
Lumi Tropicana
No. A1-22-02, Block A1, Lumi Tropicana, No. 2, Persiaran Tropicana, PJU 3, 47410 Petaling Jaya, Selangor
Lanai VIII
No. F-05-05, Lanai VIII, Seri Maya, Jalan Jelatek, 54200 Kuala Lumpur
Residensi Alstonia
No. A-22-7, Block A, Residensi Alstonia, Jalan Kiara Sungai Long, Bandar Sungai Long, 43000 Kajang, Selangor
Residensi Bayan Desa Petaling (On site Is Tower
No. C-32-01, Residensi Bayan Desa Petaling (On site Is Tower C, Nidoz Residences @ Desa Petaling), No. 22A, Jalan 2/125, Desa Petaling, 57100 Kuala Lumpur
Marc Service Residence
No. A-13-10, Marc Service Residence, No. 3, Jalan Pinang, 50450, Kuala Lumpur
Capital Square
No. 10-3, No. 2, Persiaran Capsquare, Capital Square, The Capsquare Residences, 50100, Kuala Lumpur
Sri Bukit Tunku Condominium
No. B-3-2, Level 3, Sri Bukit Tunku Condominium, No. 3, Lorong Tun Ismail, 50480 Kuala Lumpur
Tower A
No. A-20-2, Tower A, Residensi Inspirasi Mont' Kiara, No. 16, Jalan Kiara 4, Mont’ Kiara, 50480 Kuala Lumpur
Residensi Quill
No. 13-10, Residensi Quill (On-Site Is Quill Residences), No.1018, Jalan Sultan Ismail, 50250 Kuala Lumpur
Impiria
No. B-12-08, Impiria, Lorong Batu Nilam 16A/KS06, Bandar Bukit Tinggi 2, 41200 Klang, Selangor
Residensi Urbana Ara Damansara
No. D-06-08, Block D, Residensi Urbana Ara Damansara, Jalan PJU 1a/46, PJU 1A, 47301 Petaling Jaya, Selangor
Sfera Residensi
No. C-LG-3A, Sfera Residensi, Jalan Atmosphere Utama 1, Bandar Putra Permai, 43300 Seri Kembangan, Selangor
Residensi Harmoni 2
No. A-13A-12, Residensi Harmoni 2, No. 1, Jalan Prima Pelangi 7, 51200 Kuala Lumpur
Residensi Vyne
No. D-9-1, Residensi Vyne, Jalan 1/108d, Sungai Besi, 57100, Kuala Lumpur
M Oscar Residence
No. N-12-01, M Oscar Residence, No 2, Jalan Kesatria, Sri Petaling, 57100 Kuala Lumpur
Residensi Bayan Desa Petaling
No. B-21-06, Residensi Bayan Desa Petaling (Also Khown As Nidoz Residences @ Desa Petaling), No. 22A, Jalan 2/125, Desa Petaling, 57100 Kuala Lumpur
Residensi Lakeville
No. B-17-01, Residensi Lakeville, Jalan Sibu, Taman Wahyu, 68100 Kuala Lumpur
Desa Cahaya Condominium
No. D-04-02, Desa Cahaya Condominium, No. 202, Jalan Ampang, 50450 Kuala Lumpur
How to Buy an Auction Property in Malaysia
- 1Shortlist properties
Browse auction listings in Malaysia, compare each reserve price against nearby market prices and note the discount. Unsold properties are re-auctioned at a lower reserve, typically dropping 10% per round.
- 2Do your due diligence
Get the Proclamation of Sale (POS), check the land title, quit rent and assessment, outstanding maintenance fees and utility bills, and whether the property is still occupied. For strata units, confirm who settles arrears with the management office.
- 3Arrange financing early
Most banks finance auction purchases, but the balance is due within 90 to 120 days of the auction. Get loan pre-approval before bidding so your deposit is never at risk of forfeiture.
- 4Register and pay the deposit
Register before auction day through the bank's e-Lelong portal or the licensed auctioneer, and prepare a bank draft of 5% to 10% of the reserve price as the deposit. Requirements vary slightly between banks and auction houses.
- 5Bid and complete
Bid on auction day. The winning bidder signs the memorandum of sale on the spot and settles the balance within 90 or 120 days as stated in the POS, after which the transfer is completed. An auction specialist can guide you through every step.
Reminder: auction properties are sold as-is and may come with arrears or occupants, so always complete due diligence first. Contact Peter Tan for free guidance through the whole process. Read the full buying guide →
FAQ · Apartment / Condo
How many auction properties are there in Malaysia?+
There are currently 5529 bank auction (lelong) properties in Malaysia, sourced from major banks and licensed auctioneers and updated regularly.
How much below market are auction properties in Malaysia?+
Reserve prices in Malaysia are typically 10-40% below market value, and drop roughly another 10% each time a property goes unsold.
Can I get a loan for a lelong property in Malaysia?+
Yes, most banks finance auction properties, but the balance is due within 90 to 120 days, so get loan pre-approval before bidding. Contact Peter Tan for details.
How much deposit do I need to bid in Malaysia?+
You typically need a bank draft of 5% to 10% of the reserve price as the deposit. After a successful bid, the balance is due within 90 to 120 days as stated in the Proclamation of Sale.
What are the risks of buying a lelong property in Malaysia?+
Auction properties are sold as-is and may carry outstanding maintenance fees, utility bills or occupants. Review the Proclamation of Sale and do a title search before bidding, or engage a specialist to assess it for you.